Tranche A Commitments. From and including the Closing Date and prior to the Termination Date, each Tranche A Lender severally agrees, on the terms and conditions set forth in this Agreement, to make Tranche A Loans in Agreed Currencies to any Borrower from time to time in a principal amount not to exceed in the aggregate at any one time outstanding for all of the Borrowers the Dollar Amount of its Tranche A Commitment; provided that (a) all Tranche A Loans that are Base Rate Loans or Same Day Dollar Loans shall be made in Dollars, (b) the Dollar Amount of the outstanding principal of Tranche A Loans shall not at any time exceed the Total Tranche A Commitment and (c) the aggregate Dollar Amount of the outstanding principal of all outstanding Tranche A Loans of any Tranche A Lender shall not exceed such Tranche A Lender’s Tranche A Commitment. Subject to the terms of this Agreement, any Borrower may borrow, repay and reborrow Tranche A Loans at any time prior to the Termination Date. The Tranche A Commitments shall expire on the Termination Date.
Tranche A Commitments. Subject to the terms and conditions set forth herein, each Tranche A Lender agrees to make Tranche A Revolving Loans denominated in US Dollars, Sterling and Euro to the Tranche A Borrowers from time to time during the Availability Period in an aggregate principal amount at any time outstanding that will not result in (A) the aggregate Tranche A Revolving Credit Exposures exceeding the aggregate Tranche A Commitments or (B) the Tranche A Revolving Credit Exposure of any Lender exceeding its Tranche A Commitment. Within the foregoing limits and subject to the terms and conditions set forth herein, the Tranche A Borrowers may borrow, prepay and reborrow Tranche A Revolving Loans.
Tranche A Commitments. From and after the Amendment No. 3 Effective Date, the Tranche A Commitment of each Tranche A Lender shall be the amount set forth opposite such Tranche A Lender’s name on Schedule 2.01 to the Loan Agreement (as amended hereby and attached hereto as Exhibit A) under the caption “Tranche A Commitment” as such amount may be reduced pursuant to the terms of the Loan Agreement, and such amount (if changed) shall supersede and be deemed to amend the amount of such Tranche A Lender’s Tranche A Commitment as set forth on Schedule 2.01 to the Loan Agreement as in effect immediately prior to the Amendment No. 3 Effective Date.
Tranche A Commitments. Each of the actions set forth in Section 5 shall have occurred.
Tranche A Commitments. Any part of the Tranche A Commitments not utilised under this agreement before the expiry of the Tranche A Availability Period will be cancelled automatically on the expiry of the Tranche A Availability Period.
Tranche A Commitments. Subject to the terms and conditions set forth herein, each Tranche A Lender agrees to make Tranche A Revolving Loans denominated in U.S. Dollars to any Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in (i) such Tranche A Lender’s Tranche A Revolving Credit Exposure exceeding such Tranche A Lender’s Tranche A Commitment or (ii) the sum of the total Tranche A Revolving Credit Exposures plus the aggregate principal amount of outstanding Tranche A Competitive Loans exceeding the total Tranche A Commitments. Within the foregoing [[NYCORP:3024149v15:4452W:11/30/07--12:40 p]] limits and subject to the terms and conditions set forth herein, a Borrower may borrow, prepay and reborrow Tranche A Revolving Loans.
Tranche A Commitments. Subject to the terms and conditions set forth herein, each Tranche A Lender severally (and not jointly) agrees to make loans to the Borrower from time to time during the period from the Effective Date through the Business Day immediately preceding the Tranche A Commitment Termination Date, provided that immediately after giving effect thereto (i) the Senior Debt Asset Coverage would not be less than 3.00:1.00, (ii) the Adjusted Senior Debt Asset Coverage would not be less than 2.50:1.00, (iii) the aggregate outstanding principal balance of all Tranche A Loans made by such Tranche A Lender would not exceed its Tranche A Commitment, and (iv) the Aggregate Loan Balance would not exceed the Borrowing Base. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Tranche A Loans.
Tranche A Commitments. The Borrower may at any time terminate, or from time to time reduce, without premium or penalty, the Tranche A Commitments, provided that (i) the Borrower may not terminate or reduce the Tranche A Commitments if, immediately after giving effect thereto and to any concurrent repayment of the Tranche A Loans in accordance with Section 2.4 or 2.5, the outstanding principal balance of the Tranche A Loans would exceed the Tranche A Commitment, and (ii) each such reduction shall be in a minimum amount of $5,000,000 and in an integral multiple of $1,000,000.
Tranche A Commitments. The Borrower may at any time and from time to time (but not more than sixty (60) days nor less than thirty (30) days prior to the then existing Scheduled Tranche A Commitment Termination Date, and in no event on or after the Tranche A Term-out Notice Date) request in writing that the Tranche A Lenders consent (the decision so to agree to be within the sole and absolute discretion of each Tranche A Lender) to extend the Scheduled Tranche A Commitment Termination Date by giving written notice thereof to the Administrative Agent (each a “Tranche A Commitment Extension Request”). Upon receipt of each such Tranche A Commitment Extension Request, the Administrative Agent shall promptly send each Tranche A Lender a copy thereof. Any Tranche A Lender that shall not have consented or responded to such Tranche A Commitment Extension Request by the Tranche A Commitment Extension Response Date therefor shall be deemed to be a “Non-Extending Tranche A Lender”, and any Tranche A Lender that shall have consented to such Tranche A Commitment Extension Request but with a Tranche A Commitment that is less than its existing Tranche A Commitment shall be deemed to be a Non-Extending Tranche A Lender to the extent of the excess of its existing Tranche A Commitment minus its Tranche A Commitment as to be extended. With respect to the Non-Extending Tranche A Lenders, the Borrower shall have the option, expiring on the applicable Tranche A Commitment Extension First Offer Expiration Date, to offer to the Lender serving as the Administrative Agent the right to assume some or all of the Tranche A Commitments (and to purchase the corresponding Tranche A Loans) thereof and, to the extent such Lender shall have failed to accept such offer on or prior to the applicable Tranche A Commitment Extension Final Offer Expiration Date, to offer to any one or more of the other Lenders or, with the consent of the Administrative Agent (not to be unreasonably withheld, conditioned or delayed) any one or more other Persons, the right to assume some or all of such Tranche A Commitments (and to purchase the corresponding Tranche A Loans) which the Lender serving as the Administrative Agent shall not have agreed to assume (and purchase). In the event and to the extent any such Lender or other Person shall have so agreed to assume such Tranche A Commitments (and to purchase such corresponding Tranche A Loans), the Borrower shall have the right to direct such Non-Extending Tranche A Lender to delegate i...
Tranche A Commitments. (a) Subject to the terms and ---------------------- conditions set forth herein, each Lender agrees to make Tranche A Loans to the Borrower at any time and from time to time during the Tranche A Availability Period in an aggregate principal amount not exceeding its remaining Tranche A Commitment at the time; provided that (i) the aggregate principal amount of Tranche A Loans made prior to the Tranche A Full Availability Date shall not exceed the Initial Loan Limit and (ii) on and after the Tranche A Full Availability Date, the Lenders shall not be required to make Tranche A Loans in an amount that would result in the aggregate principal amount of all Tranche A Loans made hereunder exceeding 200% of the aggregate Net Proceeds received by the Borrower from contributions of equity capital or the issuance of Other Debt subsequent to April 27, 1998. Amounts repaid in respect of Tranche A Loans may not be reborrowed.
